Stephen Colbert is back with his premiere monologue of 2026, centering on Donald Trump’s U.S. offensive against Venezuela and the kidnapping of President Nicolás Maduro, much like other late-night hosts. “Do you realize what this signifies? Those Epstein documents must be wild,” Colbert quips, feigning to shuffle through papers before imitating Trump, “Bomb something! Bomb anything!” He then analyzes the events and their consequences, featuring footage of Trump talking about U.S. strategies to “run” Venezuela. “Clearly when he says America first, he means in alphabetical order,” Colbert jests. “That’s absurd, he can’t manage two countries simultaneously! He can’t even manage.” Colbert wraps up on a serious note, pondering previous invasions. “Invading a nation with a moustachioed dictator and claiming, ‘Don’t worry, their oil will fund this war,’ is kind of where I boarded this train over 20 years ago,” he comments. “It didn’t succeed back then, and I doubt it will succeed now. And I hope that the American populace doesn’t get deceived by this a second time.”